Remarks by
His Excellency, President Goodluck Ebele Jonathan, GCFR
At the
Inauguration of the National Council on Micro, Small and Medium Enterprises (MSME)
State House, Presidential Villa - Abuja
Thursday 4th August, 2014
PROTOCOLS
1. This inauguration marks a very important turning point in our national economic development drive with regards to our efforts to place micro, small and medium enterprises (MSMEs), as core and essential elements of economic transformation.
2. The creation of this Council is a testament to the commitment of this administration to all inclusive economic growth. Our commitment is to meet the aspirations of our people and in doing so, ensuring rapid economic development, benefitting all our citizens, North, South, East, or West. Our focus will remain to build an economy that works for all Nigerians, and the MSME Council we inaugurate today, is essential to achieving this goal.
3. Ladies and gentlemen, the growth of MSMEs is one that is very important in any nation that aspires towards self-sufficiency. MSMEs are the innovators, the wealth creators, as well as employment generators. Every MSME today, has the potential of growing to the large corporation of tomorrow, and that is why we are now backing the initiative with the creation of this Council.
4. Over these past few years, Nigeria has demonstrated its determination to the rest of the world that we are focussed in becoming one of the leading world's economic engines. This we have done by achieving a reasonable level of macroeconomic stability even in the face of global recession.
5. We currently rank as the top most investment destination in Africa, the largest economy on the continent and amongst the top 10 fastest growing economies in the world.